Independent Solutions Wealth Management LLC Increases Holdings in iShares Short Treasury Bond ETF $SHV

Independent Solutions Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 80,895 shares of the company’s stock after buying an additional 6,882 shares during the period. iShares Short Treasury Bond ETF comprises approximately 1.7% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 13th largest position. Independent Solutions Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $8,932,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Garrison Bradford & Associates Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at $55,000. Stone House Investment Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at $68,000. Wayfinding Financial LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at $71,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at $86,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at $88,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.19 on Tuesday. The firm has a fifty day moving average price of $110.31 and a 200-day moving average price of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.57.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.3674 per share. The ex-dividend date was Wednesday, October 1st.

iShares Short Treasury Bond ETF Company Profile

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months.